Internationalisation (AQA A-Level Business): Flashcards
📚Flashcards
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10 cards from this deck
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Practise the cards
10 cards from this deck
Offshoring
Offshoring
Moving specific business parts to cheaper countries
Re-shoring
Re-shoring
Moving departments back to country of origin
Trade barriers purpose
Trade barriers purpose
Protect domestic industries from foreign competition
Common offshoring destinations
Common offshoring destinations
China, India, Malaysia, Mexico, Indonesia
India's specialisation
India's specialisation
Communications (call centres) and IT services
China & Brazil labour advantage
China & Brazil labour advantage
Abundant cheap and skilled labour
Non-financial benefits/costs definition
Non-financial benefits/costs definition
Positive & negative impacts on outside world, affect reputation
Benefits to host country from foreign firms
Benefits to host country from foreign firms
New jobs and investment in infrastructure
Why businesses locate abroad (2 main reasons)
Why businesses locate abroad (2 main reasons)
Reduce costs and increase revenue
Local knowledge from locating abroad
Local knowledge from locating abroad
Customer preferences, cultural differences, shopping habits